Submitted by nsscadmin on
The principal mandate of the Nova Scotia Securities Commission (NSSC) is to protect Nova Scotia investors. One of the ways we do that is by issuing investor alerts and cautions. You can find all the alerts and cautions we’ve issued for the last nine years on our Investor Alert Database.
To create further awareness concerning the companies and people identified in Alerts and Cautions, our Before You Invest Blog regularly reviews the Alerts throughout the year.
This review looks back at all the Alerts and Cautions issued between June and September 2026. This month we’ve also included some alerts issued by external organizations that are relevant to Nova Scotia investors.
June 15, 2026 - CSA shares tips to help protect seniors from fraud and financial abuse Naming a Trusted Contact Person can add an extra layer of protection
The CSA warned Canadians about the growing risk of fraud and financial abuse targeting older investors. As more people use digital platforms and artificial intelligence (AI) becomes more widespread, fraudsters are using new tactics to make scams appear credible and urgent. In recognition of World Elder Abuse Awareness Day, the CSA encouraged investors and their families to take steps to better recognize, avoid and report investment fraud.
August 4, 2026 - Investor Alert: Fraudsters impersonate Union Bancaire Privée, UBP SA to target Canadian investors
The CSA warned Canadians about an ongoing investment fraud involving the impersonation of Union Bancaire Privée, UBP SA (UBP), a Swiss private bank and asset manager. Fraudsters are using the bank’s name to deceive Canadian investors into paying fees to retrieve funds tied to fraudulent crypto-based platforms
August 21, 2026 - Nova Scotia Securities Commission warns of scammer impersonating NSSC staff
The NSSC warmed Nova Scotians that scammers are impersonating NSSC enforcement staff. A Nova Scotia resident who was previously a victim of investment fraud received a letter that was purportedly signed by NSSC Commission staff and staff from FINTRAC. The letter also bore the NSSC logo and included a fake file number.
Investor Cautions issued by NSSC:
Investor Cautions are warnings to potential investors that the individuals or entities named do not appear to be registered to engage in the business of offering securities or derivatives in Nova Scotia or that the investment products do not appear to be offered in a manner permitted by Nova Scotia securities laws. Visit our Investor Cautions List for more information on the entities listed below.
DrakeWhale